Home India Karnataka Vikas Gramin Bank In exercise of the powers conferred by Section 30 read with ...
Date: 08-Oct-2024 Category: Extra Ordinary State: Union Government Country: India

In exercise of the powers conferred by Section 30 read with sub section 1 of Section 17 of the Regional Rural Banks Act

Issued by Karnataka Vikas Gramin Bank · Not Applicable

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Executive Summary & Key Takeaways

What it means

  • This gazette notification announces amendments to the Karnataka Vikas Grameena Bank (Officers & Employees) Service Regulations, 2010. These amendments primarily concern changes to privilege leave accumulation, encashment, and payment upon retirement or termination of service.

Key Changes

  • Amendment to Regulation 61(4): The maximum accumulable privilege leave is increased to 270 days, but encashment is capped at 240 days.
  • Amendment to Regulation 67: Clarifications and additions regarding privilege leave encashment upon retirement or termination of service. Specifically, new provisions cover scenarios including voluntary retirement (after April 1, 2018), compulsory retirement (including punishment), and resignation.
  • New provisions in Regulation 67 allow for encashment of privilege leave for employees whose services are terminated due to retrenchment, voluntary retirement (post April 1, 2018), compulsory retirement (including punishment), or resignation. The amount varies depending on the circumstances, with a maximum of 120 days' worth of leave for resignation.

Impact Analysis

Impact on Employees

  • Need for employees to understand the amended regulations to accurately calculate their potential leave encashment.

Impact on Karnataka Vikas Grameena Bank

  • Need for the bank to update its internal processes and employee handbooks to reflect the changes.

Impact on Sponsor Bank and NABARD

  • These entities were consulted prior to the amendment, indicating their indirect involvement and potential interest in the financial implications of the changes.

Suggested Action Items

  • Conduct a financial impact assessment to estimate the potential cost implications of the amendments.

Key Entities Referenced

Karnataka Vikas Grameena Bank: The bank whose service regulations are being amended. Canara Bank: The sponsor bank consulted during the amendment process. National Bank for Agriculture and Rural Development (NABARD): Another entity consulted before the amendment. Central Government: Provided prior sanction for the amendments. Regional Rural Banks Act, 1976: The legal framework under which these amendments are made. Karnataka Vikas Grameena Bank (Officers & Employees) Service Regulations, 2010: The regulations being amended. Previously amended on 01.01.2015. Karnataka Vikas Grameena Bank (Employees') Pension Regulations, 2018: Regulations referenced in the amendment regarding voluntary retirement.
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रजिस्ट्री स.ं डी.एल.- 33004/99 REGD. No. D. L.-33004/99 सी.जी.-के.ए.-अ.-17102024-257974 xxxGIDHxxx CG-KA-E-17102024-257974 xxxGIDExxx असाधारण EXTRAORDINARY भाग III—खण् ड 4 PART III—Section 4 प्राजधकार स ेप्रकाजित PUBLISHED BY AUTHORITY स.ं 781] र्ई कदल्ली, मगं लिार, अक्त बू र 8, 2024/आज‍ि र् 16, 1946 No. 781] NEW DELHI, TUESDAY, OCTOBER 8, 2024/ASVINA 16, 1946 कर्ाटा क जिकास ग्रामीण बकैं अजधसचू र्ा धारिाड़, 15 िलु ाई, 2024 फा. स.ं एनबी.एचओ.आईडीडी.पॉलिसी/182/316(सवे ा लवलनयमन)/2024-25.—क्षत्रे ीय ग्रामीण बैंक अजधजर्यम, 1976 (1976 का 21) की धारा 17 की उपधारा (1) के साथ पठित धारा 30 द्वारा प्रदत्त िजियों का प्रयोग करते हुए, कर्ााटक जिकास ग्रामीण बैंक का जर्देिक मडं ल, प्रायोिक बैंक होर्े के र्ाते केर्रा बैंक और राष्ट्रीय कृजि और ग्रामीण जिकास बैंक के साथ परामि ा करर्े के बाद तथा केंद्र सरकार की पूिा मंिरू ी के साथ, एतद्द्वारा कर्ााटक जिकास ग्रामीण बैंक के (अजधकारी और कमाचारी) सेिा जिजर्यमािली, 2010 म ें और अजधक संिोधर् करर्े के जलए जर्म्नजलजखत जिजर्यम बर्ाता ह,ै यथा:- 1. (1) इर् जिजर्यमों को कर्ाटा क जिकास ग्रामीण बैंक (अजधकारी और कमाचारी) सेिा (संिोधर्) जिजर्यम, 2024 कहा िाएगा. (2) य ेसंिोधर्, इर्के सरकारी रािपत्र म ें प्रकाजित होर्े की जतजथ स ेलाग ू हो िाएगं े. 2. कर्ााटक जिकास ग्रामीण बैंक (अजधकारी और कमाचारी) सेिा जिजर्यम, 2010 (जिन् ह ें इसके बाद उि जिजर्यम कहा िाएगा) म,ें जिजर्यम 61 के उप-जिजर्यमर् (4) के जलए, जर्म्नजलजखत उप-जिजर्यमर् प्रजतस्ट्थाजपत ककया िाएगा, यथा: - “(4) जििेिाजधकार अिकाि 270 कदर्ों स ेअजधक तक का र्हीं िमा ककया िा सकता ह,ै जसिाय इसके कक िहां छुट्टी के जलए आिेदर् ककया गया हो और उसे अस्ट्िीकार कर कदया गया हो: बिते कक जििेिाजधकार अिकाि का र्कदीकरण अजधकतम 240 कदर् के जलए ही ककया िा सकेगा.” 6491 GI/2024 (1)2 THE GAZETTE OF INDIA : EXTRAORDINARY [PART III—SEC.4] 3. उि जिजर्यमों के जिजर्यम 67 के, - क) दसू रे प्रािधार् म,ें “बैंक की सेिा स े सेिाजर्िृत्त” िब्दों के बाद, “जिजर्यमर् 11 के प्रािधार्ों के अंतगता ” िब्द सजममजलत ककए िाएंगे; ख) तीसरे प्रािधार् के स्ट्थार् पर जर्म्नजलजखत प्रािधार् िाजमल ककया िाएगा, यथा:- “यह भी प्रािधार् ककया िाता ह ै कक उस कमाचारी के संबंध म ें जिसकी सेिाए ं छंटर्ी के कारण समाप्त कर दी िाती ह,ैं िह जििेिाजधकार अिकाि की अिजध के जलए पठरलजब्धयों के बराबर की राजि का भगु तार् प्राप् त करर् े के जलए पात्र होगा, िो उसर् े जिजर्यमर् 61 के उप-जिजर्यमर् (4) के अधीर् िमा कर रखा था.” ग) तीसरे प्रािधार् के बाद, जर्म्नजलजखत प्रािधार् सजममजलत ककए िाएंग,े यथा,- “यह भी प्रािधार् ककया िाता ह ै कक िहा ं कोई अजधकारी अथिा कमाचारी, कर्ााटक जिकास ग्रामीण बैंक (कमाचारी का र्ाम) पेंिर् जिजर्यम, 2018 के जिजर्यमर् 27 के उप-जिजर्यम (1) और (2) के तहत जिजधित् र्ोठटस देर्े के बाद अपर्ी स्ट्िेच्छा स े कदर्ांक 01 अप्रैल 2018 को या उसके बाद सेिा स े सेिाजर्िृत्त होता ह,ै तो िह अपर् े द्वारा जिजर्यम 61 के उप-जिजर्यम (4) के अधीर् संजचत जििेिाजधकार अिकाि की अिजध के जलए पठरलजब्धयों के बराबर की राजि का भुगतार् प्राप् त करर्े के जलए पात्र होगा. यह भी प्रािधार् ककया िाता ह ै कक िहां ककसी अजधकारी या कमाचारी को, अजर्िाया रूप से सेिाजर्िृत्त कर कदया गया हो, जिसम ें दंड भी िाजमल ह,ै िह जिजर्यमर् 61 के उप-जिर्यम (4) के अधीर्, ककसी भी अिजध की पठरलजब्धयों के बराबर की राजि का भुगतार् प्राप् त करर् े के जलए पात्र होगा. यह भी प्रािधार् ककया िाता ह ैकक िहां कोई अजधकारी या कमाचारी सेिा छोड़ देता ह ै या काम पर आर्ा बंद कर देता ह ै या जिजर्यम 10 के उप-जिजर्यमर् (1) के प्रािधार्ों के तहत पदत्याग कर देता ह,ै तो िह सेिा की समाजप्त की जतजथ को उसके खाते में िमा जििेिाजधकार छुट्टी की आधी अिजध की पठरलजब्धयों के बराबर की राजि का भुगतार् प्राप् त करर् े के जलए पात्र होगा, यह अिजध अजधकतम 120 कदर् तक की ही हो सकती ह.ै ” श्री श्रीकाांत एम भांलडवाड, अध्यक्ष [जिज्ञापर्-III/4/असा./554/2024-25] र्ोट: कर्ााटक जिकास ग्रामीण बैंक (अजधकारी और कमाचारी) सेिा जिजर्यमर्, 2010 को कदर्ाकं 30.08.2010 के भारत के रािपत्र, भाग III, खडं 4 म ें कदर्ांक 30.08.2010 की अजधसूचर्ा संख्या 218 के माध्यम से प्रकाजित ककया गया था और बाद में कदर्ांक 01.01.2015 की अजधसूचर्ा संख्या 1 द्वारा संिोजधत ककया गया था. KARNATAKA VIKAS GRAMEENA BANK NOTIFICATION Dharwad, the 15th July, 2024 F. No. NB.HO.IDD.Policy/182/316(Service Regulation)/2024-25.—In exercise of the powers conferred by Section 30 read with sub-section (1) of Section 17 of the Regional Rural Banks Act, 1976 (21 of 1976), the Board of Directors of Karnataka Vikas Grameena Bank after consultation with Canara Bank, being the Sponsor Bank and the National Bank for Agriculture and Rural Development and with the previous sanction of the Central Government, hereby makes the following regulations to further amend the Karnataka Vikas Grameena Bank (Officers & Employees) Service Regulations, 2010, namely:- 1. (1) These Regulations may be called Karnataka Vikas Grameena Bank (Officers & Employees) Service (Amendment) Regulations, 2024. (2) They shall come into force on the date of their publication in the Official Gazette. 2. In the Karnataka Vikas Grameena Bank (Officers and Employees) Service Regulations, 2010 (hereinafter referred to as said regulations), in the regulations 61 for sub-regulation (4), the following sub-regulation shall be substituted, namely:- "(4) Privilege Leave may be accumulated up to not more than 270 days, except where leave has been applied for and it has been refused:[भाग III—खण् ड 4] भारत का रािपत्र : असाधारण 3 Provided that encashment of Privilege Leave shall be restricted up to a maximum of 240 days." 3. In the said regulations, in regulation 67,- (a) In second proviso, after the words “retires from the service of the Bank”, the words “under the provisions of regulation 11” shall be inserted; (b) For third Proviso, the following proviso shall be substituted, namely:- "Provided also that in respect of the employee where his services are terminated owing to retrenchment, he shall be eligible to be paid a sum equivalent to the emoluments for the period of privilege leave he had accumulated subject to sub-regulation (4) of regulation 61." (c) After third proviso, the following provisos shall be inserted, namely,- “Provided also that where an officer or employee voluntarily retires from service on or after the 1st of April 2018, after giving due notice under sub-regulations (1) and (2) of regulation 27 of the Karnataka Vikas Grameena Bank (Employees') Pension Regulations, 2018, he shall be eligible to be paid a sum equivalent to the emoluments for the period of privilege leave he had accumulated, subject to sub-regulation (4) of regulation 61. Provided also that where an officer or employee has been compulsorily retired including as a measure of punishment, he shall be eligible to be paid a sum equivalent to the emoluments of any period, subject to sub-regulation (4) of regulation 61. Provided also that where an officer or employee leaves or discontinues from service or resigns under the provisions of sub-regulation (1) of regulation 10, he shall be eligible to be paid a sum equivalent to the emoluments in respect of privilege leave to the extent of half of such leave to his credit on the date of cessation of service, subject to a maximum of 120 days." SHREEKANT M. BHANDIWAD, Chairman [ADVT.-III/4/Exty./554/2024-25] Note: The Karnataka Vikas Grameena Bank (Officers and Employees) Service Regulations, 2010 were published in the Gazette of India, Part III, Section 4, dated the 30.08.2010, vide notification number 218 dated the 30.08.2010 and subsequently amended vide notification number 1 dated the 01.01.2015 Uploaded by Dte. of Printing at Government of India Press, Ring Road, Mayapuri, New Delhi-110064 and Published by the Controller of Publications, Delhi-110054.

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